"Two years ago, as WND reported,
the Obama administration was proceeding with a novel way to finance
trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy
Treasury bonds by mandating the placement of government-structured
annuities in their retirement accounts.
Recent evidence suggests government officials continue to eye the
multi-trillion dollar private retirement savings market, including IRAs
and 401(k) plans, eyeing the opportunity to redistribute private
retirement savings to less affluent Americans and to force the
retirement savings out of the private market and into
government-controlled programs investing in government-issued debt." [WND]
No comments:
Post a Comment